Centrica (OTCMKTS:CPYYY) Price Target Increased to GBX 140 by Analysts at Morgan Stanley

Centrica (OTCMKTS:CPYYYGet Rating) had its price target boosted by Morgan Stanley from GBX 120 ($1.48) to GBX 140 ($1.73) in a research report sent to investors on Wednesday, The Fly reports.

CPYYY has been the topic of a number of other research reports. Royal Bank of Canada boosted their target price on shares of Centrica from GBX 75 ($0.92) to GBX 90 ($1.11) in a research report on Tuesday, January 25th. Zacks Investment Research upgraded shares of Centrica from a sell rating to a hold rating in a research note on Tuesday, March 8th. Finally, HSBC lowered shares of Centrica from a hold rating to a reduce rating in a research note on Friday, May 6th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of Hold and an average target price of $72.31.

Centrica stock opened at $3.77 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.07 and a debt-to-equity ratio of 1.25. Centrica has a 12-month low of $2.48 and a 12-month high of $4.48. The firm’s fifty day moving average is $4.06 and its 200 day moving average is $3.85.

About Centrica (Get Rating)

Centrica plc operates as an integrated energy company in the United Kingdom, Ireland, Norway, North America, and internationally. The company operates through British Gas Services & Solutions, British Gas Energy, Centrica Business Solutions, Bord Gáis Energy, Energy Marketing & Trading, and Upstream segments.

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